Question Shared by Participant of IBPS PO 3 Interview

Question Shared by Participant of IBPS PO 3 Interview

Name : Raghavan N

Venue : Syndicate Bank Corporate Office,National Games Village, Bangalore

Category : General

IBPS PO III CWE Score : 82

Date of Interview : 8-1-2014

Time : 1 PM

This was the first time I was attending an interview for a Bank Job. After several hours of waiting, my turn finally came at 5:35 PM. Entered the room, wished all the members of the panel "Good Evening" and shook hands. There were 4 senior officers, all male M1,M2,M3 and M4.
M2:Could you tell me something about yourself?
Me:Gave my introduction. Mentioned I was from a village in Tamil Nadu but raised in Bangalore.
M2:Asked me my CWE score?
Me:replied
M3:Asked me if this was my first Bank Exam?
Me:I had attended SBI PO as well
M3:What happened there?
Me:I could not qualify,but learned from my mistakes and prepared better for IBPS.
M3:Where is your father working?
Me:Said my father worked as a manager in State Bank of Mysore,quit when I was 6 and moved to private companies. Presently he runs his own company and I worked there for 3 years after graduation.
M2:Since your father was a banker,you may have a good knowledge about banking.Could you tell us what is a bank?
Me:A Bank is a financial institution which borrows deposits and lends to the public
M1:How do banks generate Income?
Me:Was puzzled.Somehow said banks also offer services like Insurance and Mutual Funds,invest in stocks too.Felt somewhat jittery.
M1:Corrected me and said Interest on Deposits.Asked me what loans banks offer?
Me:Education Loan,Medical Loan,Housing Loan,Car Loan etc.
M3:Asked about my father's business
Me:Explained
M2:Asked the annual turnover
Me:replied my father is running the company on his own,earns a lakh per month
M2:What is your salary in present company?
Me:Replied
M3:Who is the CEO now?
Me:Replied
M1:Is your company taking loan or keeping deposits in the bank?
Me:In nervousness,answered taking loan
M1:Smiled and said,your company is one of the largest depositers in the country
Me:Was bit relieved
M3:Why you don't want to continue in your father's business?
Me:My father insisted I need experience and should gain it by working in a large organization
M2:Do you want to join a bank just for experience?
Me:Answered that banking also involved social responsibility and I would like to work in a rural area.
Rest of the questions were asked by M2,M3 and M4 regarding rural banking. Finally M1 signed off asking me “If posted to a rural area,what would you do to help rural people?”
I answered “I would try to understand the problems of rural people better and would encourage educated youth to start their own business in villages by offering loans once I reach that position.
M1:smiled and said “All the best” and gave me a candy. Thanked them and once again shook hands.

The interview lasted for 10-12 minutes and overall the panel was friendly and did not stress me a lot. Hoping for the best.

Tips for candidates :
Don't be nervous. Just go and answer honestly and confidently. Speak what your heart tells you.